[quote=contrarian]The top ten ways to know that the bottom is here:
(Drum roll please)
10. No sellers are offering “free” plasma TV’s — just lower prices.
9. Buyers with bad credit are called renters.
8. RE professionals act professionally.
7. Time magazine’s headline “Housing will never recover”.
6. Your waitress and your barber no longer brag about how they made a fortune in real estate.
5. People buy houses to actually live in them.
4. US Attorney convicts Angelo Mozilo.
3. Democrats establish a commission to “cure” the housing problem. Republicans issue a press release stating that there may be a housing bubble. Libertarians are busy building bomb shelters.
2. No more bombastic ads for get rich quick real estate seminars.
And, the number one way to know that the bottom is here: all the Piggs have bought their dream houses!
[/quote]
We may be close!!
I’m still waiting for #4 and #1. (Forget about #8 — it will never happen. What was I thinking?)
